A private Mexican university has installed a 132-ton Negri Bossi injection molding press and a Bausano & Figli extrusion line at its premises in southeastern Mexico.
The $1.5 million investment is at the heart of the plastics training center inaugurated June 6 by the Popular Autonomous University of the State of Puebla, several months behind schedule.
The center will train men and women for work in the plastics industry and will conduct research, a university spokesman said.
Financing for the machinery came from the Italian Foreign Trade Institute, Mexico's Economy Ministry, Puebla's state government and the university, the spokesman said.
Italy gave the university a $450,000 dollar grant for the center, which includes Italian-backed teacher training.
The state government chose the university, known locally as UPAEP, in 2006 to develop the plastics industry in the state over 25 years.
Puebla is among Mexico's six-largest economies. European automotive giant Volkswagen AG has a large assembly plant in the city.
In a separate development, another school — the Autonomous University of the State of Mexico has signed an agreement with Mexico's plastics industry association Anipac under which both parties will work together to develop plastic industry professionals and to collaborate in the development of projects involving plastics.
The state of Mexico, which borders on Mexico City, manufactures plastic products worth $5 billion per year, a leading 19 percent of the national total, said Anipac President Eduardo Martínez Hernández, at a June signing ceremony.